Question: Explain why the free-rider problem occurs in community based rating sting systems, such as government programs, while it does not in experience based programs (such

Explain why the free-rider problem occurs in community based rating sting

Explain why the free-rider problem occurs in community based rating sting systems, such as government programs, while it does not in experience based programs (such as with private insurance). Be sure to show me you understood the readings and lecture. About 250 or so well written words will suffice

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